A simulation model of IT risk on program trading

Bingying Xia; Wenbao Jiang; Guangxuan Luo

doi:10.1117/12.2202934

3 December 2015 A simulation model of IT risk on program trading

Bingying Xia, Wenbao Jiang, Guangxuan Luo

Proceedings Volume 9794, Sixth International Conference on Electronics and Information Engineering; 979432 (2015) https://doi.org/10.1117/12.2202934
Event: Sixth International Conference on Electronics and Information Engineering, 2015, Dalian, China

Abstract

The biggest difficulty for Program trading IT risk measures lies in the loss of data, in view of this situation, the current scholars approach is collecting court, network and other public media such as all kinds of accident of IT both at home and abroad for data collection, and the loss of IT risk quantitative analysis based on this database. However, the IT risk loss database established by this method can only fuzzy reflect the real situation and not for real to make fundamental explanation. In this paper, based on the study of the concept and steps of the MC simulation, we use computer simulation method, by using the MC simulation method in the “Program trading simulation system” developed by team to simulate the real programming trading and get the IT risk loss of data through its IT failure experiment, at the end of the article, on the effectiveness of the experimental data is verified. In this way, better overcome the deficiency of the traditional research method and solves the problem of lack of IT risk data in quantitative research. More empirically provides researchers with a set of simulation method are used to study the ideas and the process template.

Citation Download Citation

Bingying Xia, Wenbao Jiang, and Guangxuan Luo "A simulation model of IT risk on program trading ", Proc. SPIE 9794, Sixth International Conference on Electronics and Information Engineering, 979432 (3 December 2015); https://doi.org/10.1117/12.2202934

ACCESS THE FULL ARTICLE

INSTITUTIONAL
Select your institution to access the SPIE Digital Library.

SELECT YOUR INSTITUTION

PERSONAL
Sign in with your SPIE account to access your personal subscriptions or to use specific features such as save to my library, sign up for alerts, save searches, etc.

PERSONAL SIGN IN

No SPIE Account? Create one

PURCHASE THIS CONTENT

SUBSCRIBE TO DIGITAL LIBRARY

50 downloads per 1-year subscription

Members: $195

Non-members: $335 ADD TO CART

25 downloads per 1 - year subscription

Members: $145

Non-members: $250 ADD TO CART

PURCHASE SINGLE ARTICLE

Includes PDF, HTML & Video, when available